Economy & Business

Saudi Arabia Takes The Crown For Having The Most Interconnected Road Networks Globally

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Saudi Arabia Takes The Crown For Having The Most Interconnected Road Networks Globally

RIYADH — Saudi Arabia’s Transport and Logistics Minister, Eng. Saleh Al-Jasser, heralded the nation’s top ranking for road network connectivity globally. Launching the “Safe Distinguished Roads” initiative in Riyadh he highlighted a remarkable decline of over 50% in serious accidents, fatalities and injuries in recent years. This ongoing campaign now in its fourth consecutive year … Read more

Milestone Achieved: Saudi Aramco Locks In 100% Ownership Of Chilean Energy Leader, Esmax

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Milestone Achieved Saudi Aramco Locks in 100% Ownership of Chilean Energy Leader, Esmax

London: In a significant move marking Saudi Aramco’s strategic expansion into South America, the company has finalized the acquisition of 100% equity stake in Esmax Distribucion, a prominent downstream fuels and lubricants retailer based in Chile. This transaction, which was initially unveiled in September 2023, not only signifies Aramco’s inaugural downstream retail investment in the … Read more